They continually self-educate, they avoid nostalgia, and they tend to embrace selfishness. Not surprisingly, they also have different opinions when it comes to parenting.

That’s according to self-made millionaire Steve Siebold, who interviewed over 1,200 of the world’s wealthiest people and compiled his research into “How Rich People Think.”

While average people teach their kids to survive, he finds, rich people teach their kids to be rich.

“The average family unconsciously passes down the same limiting beliefs they were taught about money from generation to generation,” Siebold writes. “These are the beliefs that have kept families at the same level of financial success for dozens, if not hundreds of years.”

Rich people, on the other hand, not only teach their kids smart money habits, but they teach them that it’s OK to want to be rich and that wealth is possible for anyone who thinks big enough.

“While the masses are content to play it safe, seek comfort and avoid pain, the great ones are living large and teaching their kids to do the same,” the self-made millionaire writes on The Huffington Post. “To them, life is a game to be played boldly and fearlessly, and they always set the example for the little ones who watch their every move.”

Of course, the way in which the wealthy teach their kids about money is crucial, Siebold emphasises: “They educate their kids on how to make money by solving problems and enhancing the quality of other people’s lives. This way the child learns to see money as a positive, productive force for good instead of a weapon of the few to use against the many.” They start to see money as their friend, while the average person sees money as an enemy.

While many people have argued that he’s supporting the idea of elitism, he disagrees.

Rich people teach their kids to be rich.

“[People] say parents are teaching their kids to look down on the masses because they’re poor. This isn’t true,” he writes. “What they’re teaching their kids is to see the world through the eyes of objective reality — the way society really is.”

The post A self-made millionaire who studied 1,200 wealthy people found they teach their kids something the rest of us don’t appeared first on PrintingMoney.com.

1. Soak up the beautiful views while kayaking on Sydney Harbour. A double kayak comes in at just $40 for the hour at Rose Bay Aquatic Hire.

2. Take a step back in time by discovering the grisly relics of Goat Island’s convict past.

3. Indulge in an elegant high tea for two at Vaucluse House Tearooms. For $45 per head you’ll receive a wonderful selection of sweet and savoury treats, tea and sparkling wine.

4. Take a walk along the spectacular Bondi to Bronte coastline—it’s free!

5. Join a Ghost Tour of The Rocks—beware true stories of murder, hangings and hauntings await.

6. Explore the workplace and home of renowned Australian artist Brett Whiteley in Surry Hills.

7. Hire bikes at Centennial Park—just $20 for the hour.

8. Lap up the beautiful views at Andrew (Boy) Charlton Pool, just $6 entry per adult.

9. Enjoy a relaxing, budget-friendly afternoon in the sun at Concord Bowling Club. Barefoot bowls cost $10 per head with bowling green access for 4 hours!

10. Surf lovers head out to the Royal National Park’s Garie Beach, famed for its isolation and swells. Vehicle entry to the park is just $11.

11. Campbelltown’s Dumaresq Street Cinemas offers $6 adult tickets—all day, every day!

12. Take a dance class at the Sydney Dance Company’s Walsh Bay studios. There are 60 casual dance classes offered per week and come in at just $20 per visit.

13. Voted Sydney’s #1 fish and chip shop, snap up a box of Fishmonger’s deep-fried goodness and enjoy your meal seaside.

14. Kick off for $5 afternoon drinks at one of Sydney’s best bars, Pailings Kitchen & Bar—Monday to Friday 5pm-7pm.

15. Release your inner child and get an unlimited rides pass at Luna Park—$49.95 for the day!

16. Check out what’s on at Chippendale’s White Rabbit Gallery, it’s free.

17. Slap on your sneaks and head out along the Manly to Spit Bridge scenic walk.

18. Refresh your workout routine and head to Barefoot Yoga, Sydney’s first donation-based yoga studio.

19. From clay to cryptic crosswords, head to Laneway Learning at Cowbell 808 for fun, cheap classes in anything and everything—just $12 per class.

20. Test your balance at Stand Up Paddle Boarding with the Manly Kayak Centre. A $20 note will get you one hour of paddle boarding fun, or $35 for two.

21. Pack a picnic and head to the Royal Botanic Gardens.

22. Take a trek along the coastal route from Barrenjoey Headland at Palm Beach to Narrabeen Lakes on Sydney’s Northern Beaches—breathtaking!

23. Coffee enthusiasts, head to Mecca Espresso’s weekly free coffee tastings at their Ultimo and Circular Quay stores.

24.  Head down memory lane at Rozelle Markets, where you’ll find everything from bric-a-brac, to vintage clothing and furniture. Every Saturday and Sunday 9am-4pm.

25. One for you thrifty foodies—enjoy 50c wings every Wednesday night at Beach Road Hotel. Head upstairs for some free live tunes.

26. Get fit at Climb Fit, Sydney’s largest indoor climbing and gymnasium facility—$26 entry includes shoes and harness.

27. Sydney Olympic Park offers over 35kms of cycleways and rolling green parklands. Bring your own wheels or hire them in the park.

28. Start your Saturday with scrumptious chai and some of Sydney’s best corn fritters at Bondi Farmers’ Markets.

29. Enjoy free summer movies in the courtyard at The Beresford Hotel—every Monday from 7:30pm.

30. Check out what’s on at the Australian Centre For Photography in Paddington.

31. $4 bánh mì—yes please! Get your fix at Marrickville Pork Roll.
(Address : 236A Illawarra Road, Sydney NSW 2204; Phone: 0420 966 368)

32. Grab breakfast at The Boathouse Palm Beach—spectacular views and mouthwatering fare.

33. One for the girls—lunch the afternoon away at The Winery’s Girls Picnic every Saturday and Sunday. Just $45 a head, lunch includes a delectable mix of culinary treats.

34. Take a Vietnamese food safari to Cabramatta. Head here for our top picks.

35. Catch the best of independent and world cinema at the Chauvel Cinema in Paddington. Adult tickets $18.50.

36. Hunt out the best charcoal chicken in Sydney. Visit El Jannah at their Granville, Punchbowl or Blacktown locations.

37. Take a dip at the newly launched Prince Alfred Park Pool—adults $5.70.

38. Get your skates on at Sydney’s last indoor roller rink. Penrith Skatel offers Saturday and Sunday morning sessions for a mere $8 a head.

39. Roll into the weekend with the Friday night Disco Party On Ice at Macquarie Ice Rink. Fridays & Saturdays 7pm-9pm.

40. Spend $20 per head at Mizuya Japanese restaurant on George Street, and receive two hours of free karaoke—yes!

41. Discover the wondrous history of Rose Seidler House. Open Sundays 11am-4pm; $8 entry.

42. Snap up a delicious seafood lunch at the Sydney Fish Markets.

43. Hang out in the trees at TreeTop Adventure Park—adults $45.

44. Catch a live gig at Oxford Art Factory. Upcoming artists include Youth Lagoon and Mikhael Paskalev.

45. Grab a group of friends and head to Aqua Golf at Panthers—just $7 per bucket.

46. A fan of dim sum? Ho’s Dim Sim Kitchen is sure to curb your yum cha cravings. Their BBQ pork buns are a knockout!

47. Taste the culinary delights of regional NSW at Parramatta Farmers’ Market—every Friday 7:30am-2pm.

48. Hop aboard the Crime & Passion tour of Kings Cross, where you’ll be taken behind the scenes of Australia’s most notorious neighbourhood.

49.  Enjoy refreshing summer cocktails at one of the best bars in Sydney, Cockatoo Island bar.

50. Indulge in a delicious Turkish banquet—$40 per person at Erciyes Restaurant Cleveland Street.

– See more at: http://www.theurbanlist.com/sydney/a-list/50-things-do-sydney-under-50#sthash.LjxqdT77.dpuf

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The project, which began in 1938, has followed 268 Harvard undergraduate men for 75 years, measuring an astonishing range of psychological, anthropological, and physical traits — from personality type to IQ to drinking habits to family relationships to “hanging length of his scrotum”—in an effort to determine what factors contribute most strongly to human flourishing.

Recently, George Vaillant, who directed the study for more than three decades, published Triumphs of Experience, a summation of the insights the study has yielded.

Among them: “Alcoholism is a disorder of great destructive power.” Alcoholism was the main cause of divorce between the Grant Study men and their wives; it was strongly correlated with neurosis and depression (which tended to follow alcohol abuse, rather than precede it); and — together with associated cigarette smoking — it was the single greatest contributor to their early morbidity and death.

Above a certain level, intelligence doesn’t matter. There was no significant difference in maximum income earned by men with IQs in the 110–115 range and men with IQs higher than 150.

Aging liberals have more sex. Political ideology had no bearing on life satisfaction—but the most-conservative men ceased sexual relations at an average age of 68, while the most-liberal men had active sex lives into their 80s. “I have consulted urologists about this,” Vaillant writes. “They have no idea why it might be so.”

But the factor Vaillant returns to most insistently is the powerful correlation between the warmth of your relationships and your health and happiness in old age. After The Atlantic’s 2009 article was published, critics questioned the strength of this correlation. Vaillant revisited the data he had been studying since the 1960s for his book, an experience that further convinced him that what matters most in life are relationships.

For instance, the 58 men who scored highest on measurements of “warm relationships” earned an average of $141,000 a year more at their peak salaries (usually between ages 55 and 60) than the 31 men who scored lowest; the former were also three times more likely to have achieved professional success worthy of inclusion in Who’s Who.

And, in a conclusion that surely would have pleased Freud, the findings suggest that the warmth of your relationship with Mommy matters long into adulthood. Specifically:

• Men who had “warm” childhood relationships with their mothers earned an average of $87,000 more a year than men whose mothers were uncaring.
• Men who had poor childhood relationships with their mothers were much more likely to develop dementia when old.
• Late in their professional lives, the men’s boyhood relationships with their mothers — but not with their fathers — were associated with effectiveness at work.
• On the other hand, warm childhood relations with fathers correlated with lower rates of adult anxiety, greater enjoyment of vacations, and increased “life satisfaction” at age 75 — whereas the warmth of childhood relationships with mothers had no significant bearing on life satisfaction at 75.

Vaillant’s key takeaway, in his own words: “The seventy-five years and twenty million dollars expended on the Grant Study points … to a straightforward five-word conclusion: ‘Happiness is love. Full stop.’ ”

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